Ukrainian police disrupted a cryptocurrency scam that allegedly stole up to $1 million per month. Authorities identified 62 victims and said over 46 Ukrainians were involved in the operation.
According to ChainCatcher, Galaxy’s head of research said they have been in contact with more than 190 victims affected by the Coldcard exploit. The researcher asked any victims who have not yet made contact to reach out by direct message so tracking information can be provided and losses can be reported to relevant authorities. The update also said that no new attack incidents have been confirmed since Aug. 6. At the same time, the researcher cautioned that the absence of confirmed new cases does not mean further attacks cannot happen, and urged continued vigilance.
The U.S. Department of Justice has initiated the compensation process for victims of the Onecoin cryptocurrency fraud, distributing over $40 million in recovered assets. Victims must file claims by June 30, 2026. The scheme defrauded investors of $4 billion.
